Can a Church Give an Employee Loan?
Can a Church Give an Employee Loan? During times of economic hardship, individuals may approach their employer and request a personal loan in order to help make ends meet. If an employee of a church requests a personal loan from the church, there are several issues to consider. As a matter of policy, will the…
2022 State Worksheets
2022 State Worksheets The state worksheet is designed to address the most current tax law changes within your state. Please print and complete a state worksheet for your resident state. If you lived in multiple states, please complete a state organizer for each state. This worksheet will assist you in gathering the state information needed…
Can a Church Give an Employee Loan? During times of economic hardship, individuals may approach their employer and request a personal loan in order to help make ends meet. If an employee of a church requests a personal loan from the church, there are several issues to consider. As a matter of policy, will the…
Reasons Churches Get Involved In Legal Disputes
Reasons Churches Get Involved In Legal Disputes Risk management is important to all organizations, including churches. While there is no way for a church to protect itself from all legal risks, church leaders are well advised to be familiar with common reasons churches get into lawsuits, and to take reasonable precautions. This article provides awareness…
How Should Churches Handle Legal Issues?
How Should Churches Handle Legal Issues? The last thing church leaders want to invest their time and energy into is responding to legal issues. How should church leaders respond when potential legal issues arise? Of course, it depends greatly on the nature of the issue. Here are some practical preliminary questions to ask, and steps…
What if we pay one employee the wrong amount?
What if we pay one employee the wrong amount? Can we wait to pay the difference on their next check? Don’t wait. If the employee was underpaid, it is in your best interest to pay the employee the difference immediately. Wages are due on the regular payday for the pay period covered, as required by…
Bookkeeping Designed for Churches
Do you find yourself spending more time and effort on daily accounting tasks and software issues rather than on making important decisions to run your church? Handling your own bookkeeping can quickly take over, letting other responsibilities fall through the cracks. Let Clergy Financial Resources help you get back on track by managing your bookkeeping…
Can I reclassify an employee from exempt to nonexempt status?
We would like to reclassify an employee from exempt to nonexempt status. Is it okay to do this? What do we need to do to change their status? Yes, it’s possible to make this change. Any employee can be classified as a nonexempt employee, although we generally recommend that all employees in the same role…
ICHRA vs. QSE-HRA
ICHRA vs. QSE-HRA Churches were relieved when the Qualified Small Employer Health Reimbursement Arrangement (QSE-HRA) came into law in late 2016. Finally, there was an affordable health coverage option for small churches. The plan was quickly adopted by thousands of small churches and remains extremely popular today. In June 2019, The President announced continuing HRA…
When a Nonprofit Organization Ceases Operations
When a Nonprofit Organization Ceases Operations Previous articles have discussed the many steps in setting up a nonprofit organization. Like any new venture, starting a nonprofit comes with risks. Not all new organizations succeed. The disruptions of COVID-19, and the economic impacts that have followed, only add to the volatility of new endeavors. In such…